RE:RE:RE:RE:RE:RE:RE:RE:I love NXE butFar too many assumptions made by rarb123 there. Cigar Lake is deeper than most of the high grade Uranium at Arrow. Not a "tricky" deposit at all. Having to move a lake as PLS would require I'd suggect would be somewhat "trickier". Of course people like me who own both FCU and NXE. would hardly be doing what he says. I am a very early investor and have not sold a single share of the sizeable chunk I have and bought more this week.
My head is firmly stuck in yellow stuff...but it is not sand it is TriUranium Octoxide and it has made me a pile of money already.
So shorting NexGen seems to me to be a bit stupid but I cannot stop people losing their money. Do not understand these people...did they not tread the PEA......you can dig this stuff out of Arrow for LESS than the Kazakhs. At 27.6 MILLION pounds a year...the largest mine in the world.
Talk to engineeers who know mining before making dumb statements like this. Engineers know how to do "tricky" mines.
I guess Red Friday did not quite pan out as expected did it.
Just think long term and ignore this claptrap.
M